Gann
SPY SPX NASDAQ S&P500 ES are not going to dumpA "head and shoulders" pattern is a technical analysis chart pattern that can indicate a potential reversal in a stock's price trend. It consists of three peaks: a higher peak (the head) between two lower peaks (the shoulders). The pattern suggests a potential shift from an upward trend to a downward trend.
However, the effectiveness of technical patterns like head and shoulders can vary, and they don't always accurately predict market movements. Market behavior is influenced by a multitude of factors including economic indicators, company performance, geopolitical events, investor sentiment, and more.
"Complex correction" typically refers to a more intricate and prolonged market correction, which is a decline in stock prices from recent highs. Corrections are a natural part of market cycles and can be caused by various factors like overvaluation, economic downturns, or other negative events.
It's important to note that making accurate predictions about market movements is extremely challenging, even for experts. If you're considering investing or making financial decisions, it's advisable to do thorough research, consider a diversified approach, and consult with financial professionals who can provide tailored advice based on your individual circumstances and risk tolerance.
One big glance at all ALTCOINS Bullish or Bearish?In this video i analysed from top to bottom what to expect for the altcoin. There are 3 scenarios in total one being bullish in a short to midterm and 2 bearish in the mid-long term.
This analysis takes into consideration the classical analyst view and the price action analyst.
Linking Time with Price LevelThe relationship between time and price level can be observed through the analysis of price charts and technical indicators. Technical analysis involves the use of charts and indicators to identify patterns and trends in price movements. One important aspect of technical analysis is the identification of support and resistance levels, which can help traders make decisions about when to buy or sell a particular asset.
Technical indicators can also be used to analyze the relationship between price and time. For example, moving averages can be used to identify trends in price movements over a specific period of time. The slope of the moving average can indicate the strength of the trend, while the distance between the price and the moving average can indicate the level of deviation from the trend.
In addition to technical indicators, traders also use fundamental analysis to assess the relationship between time and price level. Fundamental analysis involves the study of economic and financial data to identify factors that can influence the price of an asset. For example, changes in interest rates, inflation, and political events can all have an impact on the price of an asset over time.
To summarize, the relationship between time and price level is complex and multifaceted. Traders use a variety of tools and techniques to analyze this relationship, including technical indicators, charts, and fundamental analysis. By understanding the relationship between time and price level, traders can make more informed decisions about when to buy or sell a particular asset.
Regarding the development of price ratios, the expected price level and the expected price movement for the wave can be determined by analyzing technical indicators such as Relative Strength Index (RSI) and Price Oscillator. The RSI can be used to identify the overbought and oversold conditions of an asset, while the Price Oscillator can indicate the strength of the trend. By analyzing these indicators, traders can develop price ratios and make informed decisions about when to enter or exit a trade.
Finally, it's important to note that the relationship between price and time is not always straightforward. While technical analysis and fundamental analysis can provide valuable insights, they are not foolproof. Traders need to be aware of the limitations of these tools and use them in conjunction with other forms of analysis and risk management strategies.
A QUICK LOOK AT CURRENT DAILY TRENDCurrent pattern is a fractal that makes DJIA a lagging market,
Gold finished this cycle location and pattern between December 2016 to August 2018
The current pattern is a repetition of the 1950 - 1966 17-year cycle with the October 2022 low aligning with the September 1953 low
The fractal geometry aligns the current 17-year market cycle (2016 to 2034) with its opposite face between 1950 to 1966
These two 17-year cycles have a striking similarity, unless the cycle is inverted then market will first complete a 5 year bull cycle from the October 2022 low until October 2025.
Hold your buys even though price will not move in a straight line, or work along the bull side considering minor corrections along the way,
Good luck
EURUSD 22.7.2023🎯 EUR pullback and down again.
🔵 Trading Plan
One Shot One Kill // Intraday setups in the IPDA stage 3.
🟠Rules
- No liquidity raid = No trade
- Never buy high and never sell low
- Time > Price
🔴Entry time
- London Session 04:00 - 05:30 am NY time
- New York Session - 10:00 - 11:00 am NY time
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter
DXY 22.7.2023🎯 Dollar expecting the pullback and continuation up
🔵 Trading Plan
One Shot One Kill // Intraday setups in the IPDA stage 3.
🟠Rules
- No liquidity raid = No trade
- Never buy high and never sell low
- Time > Price
🔴Entry time
- London Session 04:00 - 05:30 am NY time
- New York Session - 10:00 - 11:00 am NY time
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter
GBP/JPY, EUR/JPY and USD/CAD on watch for me today.GBP/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
EUR/JPY
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
USD/CAD
• If price pushes down to and ideally just below our lower trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes down to and ideally just below our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price only pushes down to our upper rayline, then again regardless of how price does so I'll be waiting for a convincing push back up followed by a tight flag where I'll again be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
NZD/USD and GBP/USD on watch for me today.NZD/USD:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line , then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/USD:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line , then I'll be waiting for a convincing push back down below our rayline followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If price pushes up to and ideally just above our rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.
GBP/USD on watch for me today.GBP/USD:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart because we will have had a completed three touch structure.
• If price pushes up impulsively to and ideally just above either our upper trend line, our upper rayline or our lower rayline, then I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag and if the flag forms just below our lower rayline as illustrated I'll be hiding my stop loss above it for extra protection as illustrated.
• If price pushes up to and ideally just above our lower rayline, then regardless of how price does so I'll be waiting for a convincing push back down followed by a tight flag where I'll be looking for a reduced risk entry on the break of the flag.
• If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place any of these trades.